Deutsche Bank starts probe in relation to engagement with some clients

FILE PHOTO: Germany’s Deutsche Bank headquarters are pictured in Frankfurt

(Reuters) – Deutsche Bank AG said on Sunday it began a probe in relation to engagement with some clients after the Financial Times reported earlier that the German lender was investigating the alleged mis-selling of investment banking products.

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“We initiated an investigation in relation to our engagement with a limited number of clients. We cannot comment on details of the investigation until it is complete”, a Deutsche Bank spokesman said in an emailed statement late on Sunday.

(Reporting by Kanishka Singh in Bengaluru; Editing by Peter Cooney)

 

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